YZ Finance Co Pty Ltd v. Cummings
109 CLR 395(Judgment by: Taylor J)
YZ Finance Co Pty Ltd v. Cummings
Court:
Judges:
McTiernan J
Kitto J
Taylor JMenzies J
Windeyer J
Subject References:
Banking and finance
Money lenders
Security
Promissory note
Inconsistency between State and Federal legislation
Legislative References: - Constitution (Cth), s 109; Bills of Exchange Act 1909 (Cth); Money-lenders and Infants Loans Act 1941 (NSW), s 24
Hearing date: 21 November 1963Judgment date: 25 February 1964
MELBOURNE
Judgment by:
Taylor J
TAYLOR J. I am of the opinion that Batchelor & Co Pty Ltd v Websdale [F18] was rightly decided and that, as the Full Court considered, it disposed of the appellant's contention as to the meaning of s. 24 of the Money-lenders and Infants Loans Act, 1941-1961 (N.S.W.). On the other points raised by the appellant I do not wish to add anything to the observations already made by McTiernan J. Accordingly I would dismiss the appeal.